Tilray Brands, Inc. TLRY

Alternate Symbol(s): T.TLRY

Healthcare Cannabis

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The Distribution business segment is focused on the purchase and resale of pharmaceutical products to customers. The Beverage alcohol business segment is engaged in the production, marketing and sale of beverage and beverage alcohol products. The Wellness business segment includes hemp foods and hemp-based cannabidiol (CBD) consumer products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Bake Sale, XMG, Mollo, and others.

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Tilray Brands, Inc. > Quote of the Day

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Comment by quinlashon Jun 07, 2024 10:58pm

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Post# 36078893

RE:RE:Quote of the Day

quinlash wrote:
Savage97 wrote: I think the federally legal hemp beverage market is where we will see some significant CPG investments. They don't have to deal with Schedule 3 products, or dispensary distribution. It's the perfect way for major alcohol companies to invest in the cannabis industry, but only with beverage style products they are already extremely comfortable selling and distributing.

Tilray purchased products that can be distributed nationally so if hemp beverages survive the Farm Bill,

$

Coke is on record for courting a Canadian LP for infused drinks back around 2018. HEXO publically stated in an interview that they had a F200 CPG deal wrapped up however that was walked back when HEXO changed their management team.

IMHO this signals a readiness / willingness of major US CPGs to enter the cannabis market prior to full / formal legalization within the US.

Their deals may be with non-US Cannabis companies with the plan to develop the products for the US market and simply move those products into the US when full legalization allows or as the necessary restrictions ease.

IMHO we will see schedule 3 before the end of summer and news of a CPG partnership within the sector before the fall is over.

JMHO but I think Cannabis is going to move faster than expected by many